Shares of Cienea Corp. (CIEN)jumped more than 15 percent after the communications equipment maker posted profit and sales for the quarter that beat analysts’ estimates, and raised its outlook for the next quarter.

Net profit for Ciena's fiscal second quarter, ended April 30, was $13 million, or 14 cents per share, compared with a loss of $1.9 million, or 2 cents per share, a year earlier. Excluding some costs for stock compensation, profit was 26 cents a share.

Sales rose to $193.5 million from $131.2 million in the year-ago quarter.

Analysts polled by Reuters Estimates had estimated a profit of 13 cents with revenue of $180 million.

Ciena raised its fiscal 2007 revenue growth forecast to 36 percent from a previous 27 percent to 30 percent. It also expects third-quarter revenue to grow up to 5 percent sequentially.

Shares of Ciena rose $4.13, or 14.1 percent, to $33.43 in mid-day trading.